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CPO prices to consolidate at RM4,000 to RM4,300
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Weekly Crude Palm Oil Report October 2 2011
03/10/2011 (Borneo Post) - Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives ended the week sharply lower due to conÂtinuous worries over the eurozone debt crisis which may hinder the global ecoÂnomic growth.
Labour Shortage Seen in Oil Palm Sector, Says Sarawak Plantations
03/10/2011 (Borneo Post) - There is a 10-15 per cent shortage in labour for the oil palm plantation sector, especially in the harvesting process.
Dutch Group Wants Tax Exemption For Sustainable Palm Oil
03/10/2011 (The Star) - A Dutch industry body has asked the government to lobby for the European Union to exempt sustainable palm oil used in food from import tax, to promote environmentally-friendly practices in the biggest producers, Indonesia and Malaysia. Palm oil for food manufacture currently incurs 3.8% tax.
Sarawak Needs More Palm Oil Mills to Stem Loss
03/10/2011 (Borneo Post) - Millions of ringgit will continue to be lost if the plight of palm oil plantations and smallholders is not addressed as soon as possible due to the shortage of palm oil mills in the state.
Planters’ wish list for Budget 2012
03/10/2011 (The Star) - The plantation sector, one of the most heavily-taxed industries, is hoping that the Government will allocate more incentives and tax rebates under Budget 2012.
Malaysian Firms Urged To Explore Trade Potential in Turkey
03/10/2011 (The Star) - Malaysian companies should explore the trade potential in Turkey's sectors like technology, transportation, telecommunication and energy, according to the Malaysian consul-general here.
JCorp To Raise RM2.5bil
03/10/2011 (The Star) - Johor Corp (JCorp) plans to issue up to RM2.5bil in bonds in a move to refinance its debt that will be due by the middle of next year, reliable banking sources said.
Efforts On To Increase Palm Oil Production
03/10/2011 (Business Standard) - Palm oil production in the country is expected to go up substantially with the Union government allocating Rs 300 crore in the 2011-12 Budget for stepping up its cultivation and the Indian Council of Agricultural Research (ICAR) gearing up to bring an additional 60,000 hectare annually for the next 15 years under oil palm plantations.
Indonesia Delays New Palm Expansion Forestry Rule For Revision
30/09/2011 (Reuters) - Indonesia will delay the implementation of a regulation on industrial forests that would have allowed planters, especially those growing palm oil, to cultivate areas reserved for timber and other domestic raw materials.
